Teco invests in ZEPT
Teco Electric & Machinery has acquired a 25% stake in ZEPT, a Taiwan-based startup that develops powertrain modules used in electric vehicles (EVs), for cooperation in developing EV-use power systems and tapping corresponding markets......»»
VinFast invests US$2 billion in North Carolina EV factory
VinFast, the carmaker under Vietnamese Group VinGroup, plans to invest up to US$2 billion to start production of EV and EV batteries in North Carolina, US, according to multiple media sources. In addition, the company is also building an EV battery m.....»»
Teco expects growing demand for energy storage systems
Electric machinery maker Teco Electric & Machinery expects demand for energy storage systems to be strong in Taiwan where a large number of offshore wind turbines will be completed and connected to the country's relatively unstable power grids beginn.....»»
Oil-refining giant Koch Industries invests nearly $1B in battery companies
Batteries are closer to Koch’s other businesses than you might think. Enlarge / Koch Industries Inc. headquarters in Wichita, Kansas. (credit: Larry W. Smith/Bloomberg) Koch Industries—the conglomerate owned by Charles Koc.....»»
Ola Electric invests in fast-charging tech startup StoreDot
Ola Electric has announced a strategic investment in Israel-based battery technology startup StoreDot, giving Ola Electric the exclusive right to adopt StoreDot's XFC technology in India, which can fully charge electric vehicles (EV) from 0% to 100%.....»»
Foxconn invests in XRSpace to create global metaverse ecosystem
Hon Hai Technology Group (Foxconn) has announced the signing of an MOU with metaverse platform developer XRSpace, which will receive US$100 million in investment from the EMS giant......»»
Flytech invests in startups, embraces business transformation opportunities
Flytech Technology began investing in the StarFab startup accelerator in 2019. The company has two main goals when investing in startups. First, remembering how much societal support Flytech received over the last 40 years, they hope to give back by.....»»
Intel Invests In Open-Source RISC-V Processors With a Billion Dollars In New Chip Foundries
An anonymous reader quotes a report from ZDNet: RISC-V International, the global open hardware standards organization has announced that Intel has joined RISC-V at the Premier membership level. Let that sink in for a minute. Intel, which has made bil.....»»
Highly anticipated movie releases on Apple TV+ not enough to keep new subscribers
Apple TV+ has been growing around the world as the platform invests in new exclusive content. However, while the release of highly anticipated movies and TV shows result in multiple new subscribers, most of them abandon the platform after a while......»»
TSMC invests in new capacity despite forecasts chip demand will ease
TSMC investment will "put a ceiling" on Samsung, Intel's foundry plans. Enlarge / TSMC Fab 16. (credit: TSMC) Taiwan Semiconductor Manufacturing Company plans to raise its capital expenditure by almost a third this year as the.....»»
Microsoft Builds New Green Data Centers in Wyoming, Invests in Wifi, Education, Roads
This week a Microsoft blog post announced they're opening two new data centers in Cheyenne, "built with sustainable design and operations in mind, contributing to Microsoft's commitment to being carbon negative." Our current and new datacenters will.....»»
Thoma Bravo Invests $110M in Digital Experience Firm Pendo
The secondary investment comes as the N.C.-based software firm enhances digital adoption features and adds new customers. Continue reading........»»
Australian open-access research plan isn"t risk-free
Chief Scientist Cathy Foley is leading an open access strategy for Australia. Foley estimates the Australian government invests A$12 billion a year of public money in research and innovation only for most of the publications that eventuate to be lock.....»»
VinFast invests US$200 million in California for state tax grant
Vietnam-based EV maker VinFast has announced an investment project of over US$200 million to expand business in North America, including setting up US headquarters in California that could create 1,000 job opportunities......»»
SAS invests in US-based Transphorm
Solar wafer and cell maker Sino-American Silicon Products (SAS) has announced an investment of US$15 million in US-based Transphorm, a developer of GaN power devices used in high-voltage conversion......»»
PPLSI Invests in Technology Leadership to Further Disrupt Legal and Privacy Management Sectors
ADA, Okla.–(BUSINESS WIRE)–PPLSI, the parent company of LegalShield and IDShield, and a champion of equal access to justice and security, proudly announce the growth of its leadership team. Several new positions continue to drive toward t.....»»
South Korea-based ENPlus invests US$100 million in Philippines" EV sector
South Korea-based ENPlus plans to invest PHP5 billion (US$98.86 million) in building manufacturing facilities for electric vehicles (EV) in the Philippines, according to the Philippines Economic Zone Authority (PEZA). ENPlus is an equipment manufactu.....»»
Xiaomi invests in AisinoChip, expands car ecosystem
Xiaomi, which declared its ambition in building cars earlier this year, has been aggressively investing in the automotive industry chain. The company recently invested in AisinoChip Electronics Technology, further expanding its ecosystem for vehicle-.....»»
Ford invests $50M, partners with Tesla co-founder"s battery-recycling company
The automaker says its partnership with Redwood eventually could include the use of recycled battery components in future EVs......»»
GM invests in radar software startup Oculii as demand for automated driving features rise
Oculii, a software startup that aims to improve the spatial resolution of radar sensors by up to 100-fold, has scored a new investment from General Motors. The new funding, which the two companies say is in the millions, comes just months after Oculi.....»»
US Air Force Invests In Hermeus" Hypersonic Aircraft Development
An anonymous reader quotes a report from Interesting Engineering: The U.S. Air Force joins a group of venture capital firms in making a $60 million investment in Hermeus, a Georgia-based startup that is striving to make the world's first reusable hyp.....»»